WHAT’S IN BILL WHITE’S BANK ACCOUNT?

Gubernatorial candidate and former Houston Mayor Bill White released his 2009 tax returns today. It shows White is not running low on money. Tax records show White had income of $712,000 last year and paid $170,000 in taxes. Here’s the breakdown of his worth which comes to about $6 million:

* Liquid net worth $2,700,000.

* Non-residential real property with an estimated value of $250,000 to $350,000

* Approximately $400,000 in common stock and mutual funds

* IRA accounts with an approximate value of $2 million

* A self-employed retirement account valued at approximately $500,000

* A private equity partnership with an estimated value of $250,000 to $500,000.

* White’s Houston Home $2,120,195

* $60,000 in a college fund

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